Indag Rubber Ltd posts net profit of Rs. 4.74 crore in Q1 FY24

INDAG RUBBER LTD. has reported Standalone financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 66.0294 crores during the period ended June 30, 2023 as compared to Rs. 66.5840 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 4.7465 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 6.6309 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 1.81 for the period ended June 30, 2023 as compared to Rs. 2.53 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 66.0294 crs	₹66.5840 crs	-0.83%
Net Profit	₹4.7465 crs	₹6.6309 crs	-28.42%
EPS	₹1.81	₹2.53	-28.46%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 66.0294 crores during the period ended June 30, 2023 as compared to Rs.57.5547 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.4.7465 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.1.4822 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.1.81 for the period ended June 30, 2023 as compared to Rs.0.56 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 66.0294 crs	₹57.5547 crs	14.72%
Net Profit	₹4.7465 crs	₹1.4822 crs	220.23%
EPS	₹1.81	₹0.56	223.21%

Shares of INDAG RUBBER LTD. was last trading in BSE at Rs. 160.55 as compared to the previous close of Rs. 157.50. The total number of shares traded during the day was 33216 in over 239 trades.

The stock hit an intraday high of Rs. 162.50 and intraday low of 151.00. The net turnover during the day was Rs. 5277068.00.

Source : Equity Bulls

Keywords

IndagRubber Q1FY24 ResultUpdate